MIT AI Risk Repository · Risk Sub-Category · 70.03.02

Socioeconomic Inequality

Category: Economic Risks

Description

"Along with displacing labor, EAI could significantly exacerbate wealth inequalities. Those who have access to or own EAI systems will be able to automate labor and perform many tasks significantly better or faster than those without access. These significant productivity advantages will potentially concentrate wealth and exacerbate domestic and international inequality [98, 99]."

From Embodied AI: Emerging Risks and Opportunities for Policy Action (Perlo2025), as extracted by the MIT AI Risk Repository (CC BY 4.0).

Classification

Causal entity
AI
Timing
Other

Subdomain definition: Widespread use of AI increasing social and economic inequalities, such as by automating jobs, reducing the quality of employment, or producing exploitative dependencies between workers and their employers.

Real-world incidents in this subdomain

Browse all incidents in this subdomain

How other frameworks describe this risk

  • Job loss/losses

    A Collaborative, Human-Centred Taxonomy of AI, Algorithmic, and Automation Harms (Abercrombie2024)

  • Political instability

    A Collaborative, Human-Centred Taxonomy of AI, Algorithmic, and Automation Harms (Abercrombie2024)

  • Labour exploitation

    A Collaborative, Human-Centred Taxonomy of AI, Algorithmic, and Automation Harms (Abercrombie2024)

  • Societal destabilisation

    A Collaborative, Human-Centred Taxonomy of AI, Algorithmic, and Automation Harms (Abercrombie2024)

  • Societal inequality

    A Collaborative, Human-Centred Taxonomy of AI, Algorithmic, and Automation Harms (Abercrombie2024)

  • Increased income disparity

    The Rise of Artificial Intelligence - Future Outlooks and Emerging Risks (Allianz2018)

  • Economic

    The Rise of Artificial Intelligence - Future Outlooks and Emerging Risks (Allianz2018)

  • Global Economic Development

    Foundational Challenges in Assuring Alignment and Safety of Large Language Models (Anwar2024)

Other entries from Perlo2025